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BankHealth

SECURITY FEDERAL BANK

AIKEN, SOUTH CAROLINA · FDIC Cert #31100

A
Health Score
88/100
$1.5B
Total Assets
$1.3B
Total Deposits
18.24%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, SECURITY FEDERAL BANK holds a Tier 1 capital ratio of 18.24%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning SECURITY FEDERAL BANK has a strong buffer to absorb potential losses.

Key Financial Metrics

1.07%
Nonperforming Loans
Moderate — some loan stress
49.98%
Liquidity Ratio
Strong — can meet withdrawal demands
0.62%
Return on Assets
Low profitability
$1.3B
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

SECURITY FEDERAL BANK shows strong financial health indicators. With $1.5B in assets and a Health Score of 88/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.

Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.

Frequently Asked Questions

SECURITY FEDERAL BANK has a Bank Health Score of A (88/100). It holds a Tier 1 capital ratio of 18.24%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.

SECURITY FEDERAL BANK holds $1.5B in total assets and $1.3B in total deposits. It is located in AIKEN, SOUTH CAROLINA (FDIC Certificate #31100).

SECURITY FEDERAL BANK has a Tier 1 capital ratio of 18.24%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 1.07%, and the return on assets is 0.62%.

Yes. SECURITY FEDERAL BANK is FDIC-insured (Certificate #31100). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.

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